In 2023, Standard Bank Group conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
Metric (tonnes) | 2023 | 2022 | 2021 | 2020 - 2017 |
---|---|---|---|---|
Total Waste Generated | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Waste Recovered | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Hazardous Waste Generated | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-Hazardous Waste Disposed | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, Standard Bank Group generated a total of 613 metric tonnes of waste. a
Of this amount, 0.13% of Standard Bank Group's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 84.28% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. The remaining 15.59% was either treated using unspecified methods or not clearly categorized. a
Since 2019, Standard Bank Group's total waste generation fell by 60.72%, but rose by 72.93% in 2023, potentially reflecting a temporary surge in activity or inconsistency in waste control strategies. a
Over the same period, Standard Bank Group saw a long-term increase of 29.72% in hazardous waste share, but a 22.9% reduction in 2023, indicating a recent improvement that may reflect updated production inputs, enhanced treatment, or stricter controls. a
Overall, Standard Bank Group's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy. a